McCain Institute Attracting Former Clinton Foundation Donors
Edmondo Burr
YourNewsWire.com
June 27, 2017
The McCain Institute is the new darling of powerful interest groups and foreign donors seeking to influence U.S. policy after the demise of the Clinton Foundation.
Following Hillary Clinton’s defeat last November, donations to the Clinton Foundation by foreign donors and the corporate sector dropped by as much as 87 percent and 37 percent.
The Last American Vagabond reports:
While this was clearly devastating news for the Clintons – essentially signaling a drastic decline in their political clout – it has now become clear that the foundation of another former U.S. presidential candidate has gained the favor of many of the Clinton Foundation’s former donors. Republican Senator John McCain (R-AZ), current chairman of the Senate’s Armed Services Committee, has seen donations to the McCain Institute surge, particularly donations from ostensibly “liberal” donors such as George Soros and other long-time Clinton backers.
The McCain Institute is meant to serve as the senator’s “legacy” upon his eventual retirement and claims to be “dedicated to advancing human rights, dignity, democracy, and freedom.” Like the Clinton Foundation, the McCain Institute is a tax-exempt, non-profit foundation with approximately $8.1 million in assets.
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